printout House: Kita, Kyoto, Kyoto

Asset type
House
Yield
4.5%
Rank
☆☆☆☆☆
Bid period ended

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Property URL

Base bid price 91,660,000yen You could bid above 73,328,000yen
Bid period ended

Results

Court classification House Sale price 112,350,000yen
Bid opening Sale Number of bidders 5
Winner qualification Corporation

Location

Location Kita, Kyoto, Kyoto
Traffic access on report(japanese) 京都市営地下鉄烏丸線「北大路」駅 西方 道路距離 約2.5km 最寄バス停「北木ノ畑町」 北西方 約50m(徒歩約1分)
Reference(japanese) 京福電鉄北野線 北野白梅町駅 北方 2.34km 京都市営地下鉄烏丸線 鞍馬口駅 北西方 2.44km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 142.14m2 Actual area -
Zoning Residential Class I Residential Class II Usage -
Building to land ratio 60% 60% Floor area ratio 200% 200%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 264.46m2 Actual area -
Zoning Residential Class I Residential Class II Usage -
Building to land ratio 60% 60% Floor area ratio 200% 200%
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 343.80m2 Actual area -
Zoning Residential Class I Residential Class II Usage -
Building to land ratio 60% 60% Floor area ratio 200% 200%
Type Building Property number 4
Building number 12-
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 115.99m2,2F 30.87m2 Actual 1F ca.222.99m2,2F ca.69.87m2
Layout Others Land right Ownership
Occupant Yes Year/month built -

Numerical data

Cap rate 4.5% Area 292㎡
Gross yield 6.2% Base bid price 91,660,000yen
Lease demand 13 / 25pt Minimum bid price 73,328,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 18,332,000yen

Court data

Case number 2023(M)89 Announced 2024/03/19
Court Kyoto District Court (Main) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/08 Special sale 2024/04/26 ~ 2024/04/26

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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 91660000yen in court auction is the same as buying the asset out of court auction at 85270000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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